Sempra Energy's Preferred Stock, Series A Shares Cross 6% Yield Mark

In trading on Tuesday, shares of Sempra Energy's 6% Mandatory Convertible Preferred Stock, Series A (Symbol: SRE.PRA) were yielding above the 6% mark based on its quarterly dividend (annualized to $6.00), with shares changing hands as low as $95.40 on the day. As of last close, SRE.PRA was trading at a 306.16% premium to its liquidation preference amount, versus the average premium of 10.50% in the "Utilities" category.

The chart below shows the one year performance of SRE.PRA shares, versus SRE:

Performance Comparison Chart

Below is a dividend history chart for SRE.PRA, showing historical dividend payments on Sempra Energy's 6% Mandatory Convertible Preferred Stock, Series A:

SRE.PRA+Dividend+History+Chart

In Tuesday trading, Sempra Energy's 6% Mandatory Convertible Preferred Stock, Series A (Symbol: SRE.PRA) is currently down about 4.6% on the day, while the common shares (Symbol: SRE) are down about 5.1%.

Click here to find out which 9 other dividend stocks just recently went on sale »

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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